Sagar Diamonds (BOM:540715) ROCE % : -10.90% (As of Sep. 2024)

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What is Sagar Diamonds ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Sagar Diamonds's annualized ROCE % for the quarter that ended in Sep. 2024 was -10.90%.

Sagar Diamonds ROCE % Historical Data

The historical data trend for Sagar Diamonds's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sagar Diamonds ROCE % Chart

Sagar Diamonds Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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18.03

18.47

45.04

25.87

-102.98

Sagar Diamonds Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial											21.98	30.00	-209.12	5.58	-10.90

Sagar Diamonds ROCE % Calculation

Sagar Diamonds's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-746.758	/	( ( (138392.45 - 137283.824)	+	(356.134 - 14.416) )	/ 2 )
	=	-746.758	/	( (1108.626	+	341.718)	/ 2 )
	=	-746.758	/	725.17200000001
	=	-102.98 %

Sagar Diamonds's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-36.132	/	( ( (356.134 - 14.416)	+	(358.926 - 37.613) )	/ 2 )
	=	-36.132	/	( ( 341.718	+	321.313 )	/ 2 )
	=	-36.132	/	331.5155
	=	-10.90 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Sagar Diamonds (BOM:540715) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Sagar Diamonds ROCE % Related Terms

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Sagar Diamonds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sagar Diamonds Ltd (BOM:540715) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jamnalal Bajaj Marg, Office No. 903, 9th Floor, Embassy Centre Building, Next to Status Hotel, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.sagardiamonds.com

Sagar Diamonds Ltd is engaged in the business of manufacturing, sale, and trading of diamonds and Jewellery and operates in different geographical areas i.e. domestic sales and export sales and It generates maximum revenue from Export Sales. The company generates the majority of its revenue from the sale of the product.

Sagar Diamonds Headlines

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